ESG and sovereign risk: what is priced in by the bond market and credit rating agencies?
In this paper, we examine the materiality of ESG on country creditworthiness from a credit
risk and fundamental analysis viewpoint. To address this, we consider a granular set of 269 …
risk and fundamental analysis viewpoint. To address this, we consider a granular set of 269 …
Evidencing Financial Materiality of Sovereign ESG Risk.
AS Flores Moya, J Moussavi - Journal of Impact & ESG …, 2023 - search.ebscohost.com
Empirical studies on ESG-related topics have focused mainly on equity markets. This article
focuses on the financial materiality of ESG risk assessment for sovereign debt instruments …
focuses on the financial materiality of ESG risk assessment for sovereign debt instruments …